There is also the fact that Netflix is also facing a lot of competition from the other streaming services that seem to be popping up like weeds on a monthly basis, Hulu, Disney Plus, HBO Max, Amazon Prime, AppleTV, etc. Most have quality content of their own that is only available through that particular service and not Netflix. Most people don’t have the money or time to subscribe to all of them. I’m guessing many do what my family does, subscribe for a month, watch the new episodes of whatever series interest us on that particular platform, then cancel and subscribe to another content provider the next month and do the same thing.
We have 5 or 6 free streaming services that came preinstalled on our new Samsung 4K television, as well as links to Netflix and Amazon Prime that we never go to. You can also download Plex, which has a lot of neat free content. We actually have a cable tv box that they gave us for free with out Gigabit Internet and we never turn it on.
That’s called churn.
And it’s a huge problem for Netflix.
Peddling woke crap ain’t gonna help it.
But I’m starting to wonder if Netflix really exists to make money...